Global X Emerging Markets Bond ETF $EMBD Stake Lessened by NewEdge Advisors LLC

NewEdge Advisors LLC cut its stake in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) by 14.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,754,217 shares of the company’s stock after selling 306,639 shares during the period. NewEdge Advisors LLC owned 16.32% of Global X Emerging Markets Bond ETF worth $41,101,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in EMBD. Gateway Wealth Partners LLC boosted its stake in Global X Emerging Markets Bond ETF by 122.4% during the 1st quarter. Gateway Wealth Partners LLC now owns 210,712 shares of the company’s stock valued at $4,937,000 after acquiring an additional 115,966 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Global X Emerging Markets Bond ETF by 27.2% in the 1st quarter. Cetera Investment Advisers now owns 36,885 shares of the company’s stock worth $864,000 after purchasing an additional 7,886 shares during the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Global X Emerging Markets Bond ETF in the 1st quarter valued at about $83,000. Greenwood Capital Associates LLC raised its stake in shares of Global X Emerging Markets Bond ETF by 94.2% in the 1st quarter. Greenwood Capital Associates LLC now owns 37,963 shares of the company’s stock valued at $889,000 after purchasing an additional 18,413 shares in the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Global X Emerging Markets Bond ETF in the 1st quarter valued at about $385,000.

Global X Emerging Markets Bond ETF Stock Down 0.3%

Shares of EMBD stock opened at $23.60 on Friday. Global X Emerging Markets Bond ETF has a one year low of $23.15 and a one year high of $25.12. The company’s 50-day simple moving average is $23.78 and its 200-day simple moving average is $23.81.

Global X Emerging Markets Bond ETF Company Profile

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.